- Banks have had a very good year in 2021 and a lot of the record performances achieved can be directly connected with the largess of the Federal Reserve System.
- In the next five years, the banking industry is going to change in major ways and the large banks, flush with money, will be leading the pack.
- The money is going to be made among those that already have lots and lots of money and those taking leadership in the move toward the digital world.
- The biggest banks will dominate finance, the number of banks in the industry will shrink dramatically, and, finance will move "online."
For further details see:
The Stock Market: Banking In 2022